tariffs Archives

Kelley Blue Book Report: New-Vehicle Costs Rise in June, Outpacing Transaction Prices as Sales Slow, Incentives Tick Up 07/14/2025 The cost of a new vehicle climbed higher in June, according to data released today by Kelley Blue Book, a Cox Automotive brand, but the average transaction price (ATP) increase was relatively mild and below the long-term average. New-vehicle sales incentives held mostly steady last month, increasing only modestly from May. The sales pace in June was little changed from the previous month, and inventory climbed… Read Article

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New-Vehicle Inventory Grows as Sales Flatten, Tariff Impact Still Minimal 07/10/2025 Everyone is hunting for clear evidence of higher prices on new vehicles driven by tariffs, and yet, the story just hasn’t materialized. Automakers continue to hold their fire on raising the manufacturer’s suggested retail prices (MSRPs) significantly as demand remains tepid and policy has yet to be solidified. New-vehicle inventory has started to grow as next-model-year vehicles (MY2026) begin to show up on dealer lots, although… Read Article

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Manheim Used Vehicle Value Index Rises in June as Auto Market Continues To Be Impacted by Tariff-Driven Volatility 07/08/2025 ATLANTA, July 8, 2025 – Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were higher in June compared to May. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.5, representing a 6.3% year-over-year increase and a 1.6% rise above May levels. The seasonal adjustment forced the index higher in the month, as non-seasonally adjusted values fell more than usual following the volatility… Read Article

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Cox Automotive Forecast: New-Vehicle Sales in June Slow from Accelerated Spring Pace; Second Quarter Sales to Finish Higher Year Over Year, As Large Automakers Gain Share 06/25/2025 Updated, July 2, 2025 – In the first half of 2025, the new-vehicle market showed strong momentum, with sales significantly outpacing last year. Preliminary estimates indicate that new-vehicle sales in June closely aligned with the Cox Automotive forecast, as the final month of the first half marked sales of 1.25 million units and a seasonally adjusted annual rate (SAAR) of vehicle sales at 15.3 million. This… Read Article

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New-Vehicle Sales Normalize, Dealers Manage Leaner Lots Amid Tariff Uncertainty 06/12/2025 Despite news headlines suggesting the auto market would see more tariff-price increases by now, the new-vehicle market has largely remained stable. After hitting a peak in sales pace in April, the new-vehicle market has continued to slow from there. The market has returned to seasonal norms, including a typical bump in sales over the Memorial Day weekend. New-vehicle inventory has continued to decline as well, albeit at… Read Article

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Kelley Blue Book Report: New-Vehicle Prices Hold Steady in May, As Automakers and Dealers Work To Offset Tariff-Driven Cost Increases 06/10/2025 According to new data released today from Cox Automotive’s Kelley Blue Book, the average new-vehicle transaction price (ATP) in May was mostly unchanged from April, as the new vehicle sales pace slowed. Key takeaways from the May report include: New-vehicle ATP held steady in May at $48,799, virtually unchanged from the revised April ATP of $48,811. Compared to May 2024, new-vehicle transaction prices were higher by… Read Article

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Cox Automotive Forecast: May New-Vehicle Sales To Cool After Tariff-Fueled Surge, 16M SAAR Expected 05/27/2025 Updated, June 4, 2025 – As expected, the cumulative challenges of the tariff uncertainty and vehicle affordability are beginning to show up in the new-vehicle sales numbers. In May, according to initial estimates, new-vehicle sales were close to 1.47 million units, generally flat versus April and higher by 2.5% from year-ago levels. The numbers came in slightly lower than the Cox Automotive May forecast below. Importantly, the seasonally adjusted annual… Read Article

new-vehicle sales sales forecast tariffs SAAR Press Releases

Cox Automotive Q2 2025 Dealer Sentiment Index Reveals Market Momentum Amid Tariff Concerns 05/21/2025 ATLANTA, May 21, 2025 – The latest Cox Automotive Dealer Sentiment Index (CADSI) reveals a complex landscape for U.S. auto dealers, with franchised dealers buoyed by recent sales momentum while concerns about tariffs and political uncertainty cloud the outlook for the months ahead. The Q2 2025 CADSI, based on a national survey of 977 franchised and independent dealers conducted from April 22 to May 5, shows… Read Article

Cox Automotive Dealer Sentiment Index CADSI tariffs Press Releases

Consumers Face Challenges as New-Vehicle Inventory Drops 7.4% in April Amid Tariff Uncertainty 05/15/2025 Even as the whipsaw of changing tariff policy continued to dominate the headlines, the dynamics of the April new-vehicle market unfolded as expected. New-vehicle sales momentum continued from the end of March and into April, before beginning to taper off. New-vehicle inventory declined further, by 7.4% from March, according to the Cox Automotive analysis of vAuto Live Market View data. 2.49M Total Inventoryas of May 1, 2025 66… Read Article

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Cox Automotive Joins the Automotive Press Association’s Real-Time Auto Intelligence Webinar 05/02/2025 The automotive industry has been significantly influenced by new tariffs over the past month. During a 100-day rally in Michigan, President Trump highlighted the achievements of the tariff initiative and provided new policy clarifications, bringing some relief to automakers and parts suppliers. These tariffs have been a pivotal topic since the early days of the current administration, and the narrative continues to evolve. On May 1,… Read Article

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